treasury

Speculation over Donald Trump’s US treasury pick reveals divergent views in transition

by
Speculation over Donald Trump’s US treasury pick reveals divergent views in transition

Divisions among US president-elect Donald Trump’s advisers over who will get key economic roles in the new administration dominated coverage of the transition on Monday, highlighting concern over tariffs, a central issue in US-China relations. The leading contenders for US treasury secretary include billionaire Cantor Fitzgerald CEO Howard Lutnick and hedge-fund manager Scott Bessent. However, … Read more

US to ban outbound investments in China’s chips, AI over national security

by
US to ban outbound investments in China’s chips, AI over national security

The US will ban outbound investments in China’s semiconductors, quantum technologies and artificial intelligence from January 2 if they are deemed to threaten American national security, a key move in the Biden administration’s efforts to address concerns about the mainland’s progress in advanced technologies. The US Treasury released final rules on Monday to prohibit engagement … Read more

Parliament Winter Session: Focus on new criminal law and appropriation bills

by
Parliament Winter Session: Focus on new criminal law and appropriation bills

New Delhi: As the winter session of Parliament enters the last leg beginning Monday, three bills seeking to amend criminal laws and the appropriation bill will be in focus amid the divide between the Treasury and Opposition benches over the issue of security breach in the Lok Sabha. The government has listed Bharatiya Nyaya Sanhita, … Read more